🔴 SK Hynix is trading 10.17% down on rate and AI funding worries

SK Hynix is trading at €830.00, down 10.17%, as worries about higher interest rates and AI funding difficulties pressure chip shares.

• Bloomberg reported SK Hynix and Samsung fell more than 9% in South Korea.
• The September U.S. inflation surprise and AI infrastructure debt concerns weighed on technology shares; competition from Chinese memory maker CXMT added sector pressure.
• Reports that some HBM4 equipment orders may be postponed added company-specific uncertainty, but did not establish that production was impaired.